
Reverse Mortgage | Go back
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| AKAL Mortgages is your
REVERSE MORTGAGE LENDING SPECIALIST!!! |
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Unlock the value in your home and enjoy life on your terms.
If you want to pay off your unsecured debts, make upgrades to your home, enjoy a little bit of extra income, and take a vacation or to just do more of the things you enjoy, with a AKAL Mortgages reverse mortgage, you can!!!
- Save Hundreds Each Month With a Secured Debt Consolidation
- Increase your cash flow
- Equity Take-Out for Any Purpose
What is an AKAL Mortgages/CHIP Reverse Mortgage?
A C.H.I.P. Reverse Mortgage is a way to turn some of the value that is locked up in your home into tax free money. Simply put, it is a loan secured by your property. The big difference with CHIP is that you never have to make any payments whether it is principal or interest. You can receive from a minimum of $20,000 to $500,000 from your home equity.
- No Payments are required while you are your spouse live in your home
- You Maintain Ownership and Control of your home
- Your Estate is well protected
- If you are seeking flexible borrowing, a Reverse Mortgage may be for you
- No Income Qualifications to be approved
- You can save on Taxes
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